The University of Arizona Center for Innovation had an economic output of $35.3 million in 2021, according to a new analysis of the center’s impact. Part of Tech Parks Arizona, the UArizona Center for Innovation, or UACI, is a business incubator network that empowers science and technology startups in Southern Arizona and around the world to bring their ideas to market.
University of Arizona startup Metfora, LLC has announced that it is the recipient of a Small Business Innovation Research (SBIR) Phase l Award from the National Science Foundation to pursue the detection of chronic diseases via multiplex analysis of circulating metabolites. The company will receive a one-year grant of $255,706 to expand a pioneering diagnostic technology originally developed at the UArizona College of Medicine – Tucson.
Raytheon Technologies has won a contract worth more than $250 million from the U.S. Department of Defense’s Space Development Agency to design and develop a satellite system to detect and track hypersonic missiles and other threats. The contract was awarded to the company’s Space and Intelligence division, but the project aligns with key hypersonic missile development projects being done at the Tucson-based Missiles & Defense division.
Four technology startups from Ukraine are calling the University of Arizona Tech Park home for six months. During that time, the startups – which focus on areas including emotional intelligence, remote meeting transcription, green energy storage and online commerce – will have opportunities to make connections and explore market expansion opportunities in the United States, with support from the University of Arizona Center for Innovation startup incubator.
Ecobat, one of the largest battery recyclers globally, has made plans to locate its its first North American battery recycling facility in the Phoenix metro and bring 60 new jobs to the area. The company announced that the facility will be located in Casa Grande and is Dallas-based Ecobat’s third lithium-ion battery recycling facility. The new location will produce an estimated 10,000 tons of recycled material per year with plans to expand capacity. Operations are expected to start in the third quarter of 2023.
Arizona defense contracting giant Raytheon Missiles & Defense has picked up some new office space at a new southern Arizona tech park. Raytheon (NYSE: RTX) becomes the first corporate tenant at the UA Tech Park at the Bridges near the University of Arizona’s main campus in Tucson. The company, whose Missiles & Defense division is also based in Tucson, said expanding there will help it in its ongoing partnership with the university.
Approximately three years since the blockbuster merger between Raytheon and UTC, the resulting Raytheon Technologies Corp. has decided to reorganize its four business units into three. The defense contractor (NYSE: RTX), one of the state’s defense contractors whose Missiles & Defense division is based in Tucson, is anticipating another year of big changes, after last year moving its headquarters from the Boston metro to Virginia to be closer to its biggest customer, the federal government.
Raytheon Missiles & Defense, a business of Raytheon Technologies, is the first corporate tenant at the new UA Tech Park at the Bridges, leasing approximately 14,000 square feet of office space just minutes away from the University of Arizona (UA) main campus. The park’s offerings extend beyond bricks and mortar boundaries to provide customized business development support that ensures companies are plugged into the resources of the University of Arizona.
When tech entrepreneur Matt Pobloske bought longtime Tucson optics firm Breault Research Organization about five years ago, the idea was to rejuvenate and grow the somewhat stagnant company. He has done that and more, hiring new engineers and key senior staff and expanding the company’s defense business. Most recently, Breault won a Navy small-business research contract to develop a next-generation missile warhead, and the company is also working on landing lights for a U.S. aircraft carrier.
Eurofins CellTx which provides comprehensive laboratory services to meet the unique testing and processing needs of the transplant community, has officially began operating in the new laboratory located at the University of Arizona (UA) Tech Park. Eurofins CellTx is a member of the Eurofins Transplant Diagnostics family of laboratories and part Eurofins Scientific, a leading international group of laboratories providing an unparalleled range of testing and support services to the pharmaceutical, food, environmental and consumer products industries and to governments. Eurofins Scientific is a worldwide leader in its field with 55,000 employees across 900 sites in 50 countries.